Advertisements
Advertisements
प्रश्न
When the Marginal Product turns negative, Total Product will ______.
पर्याय
Fall
Rise
Remain constant
Be zero
उत्तर
When the Marginal Product turns negative, Total Product will Fall.
Explanation:
In the third stage of the law of variable proportion, often known as the law of negative returns to factor. It states that if the Marginal Product (MP) is negative, it suggests a negative net addition to total product. This will result in a decrease in Total Product (TP).
APPEARS IN
संबंधित प्रश्न
State the behaviour of marginal product in the law of variable proportions. Explain the causes of this behaviour
State the different phases of change in the total product according to the Law of Variable Proportions. Use diagram
What are the different phases in the Law of Variable Proportions in terms of Total Product ? Give reasons behind each phase. Use diagram.
What is the law of variable proportions?
Answer the following question.
Explain the law of variable proportions with the help of a diagram.
Formula for calculating AP is
Who said, that one of the key of an entrepreneur is “uncertainty bearing”.
The short-run production is studied through
Mention the economies reaped from inside the firm
Product obtained from additional factors of production is termed as
Modern economists have propounded the law of
Define Marginal Product of a factor.
Bring out the Relationship among Total, Average and Marginal Products.
Which one of the following is NOT a ceteris paribus assumption of the Law of Supply?
At the point of inflexion, ______ is maximum.
With the help of a diagram, explain the relationship between Average Product and Total Product under the Law of Variable Proportions.
With the help of a suitable diagram, discuss the relationship between Average product and Marginal Product.